payment method

cheapdedicated said:
Exactly my point. The usage of bitcoin in non technical clients is very low. At our company we have ONLY one reseller who uses it and thus we offer it to only them.
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Do a little bit more marketing on BitCoin forums/communities. There are plenty of users who are looking for online shops who accepts BTC :twocents:
 
I'm not new to hosting business but my current company is new, started in Jan 2015, being from India I had limited options so i opted for PayPal and 2CO. My PayPal account is again more then 10 years old was in use my other company as well, but i got 2CO account to accept credit card payments as well. I had no chargebacks or any other complains but then one day some fraud user tried to order with us with multiple cards or tried multiple times and none of the payments went through, that fraud tried like 10-15 times but being a new company these attempts reached 30% of total number of transactions per month (As i mentioned we were a new company so did not had many Credit Card Transactions, mostly Paypal, BTC etc...)

Now as i said not a single chargeback, just some fraud tried fraudulent credit cards and 2CO closed our account

So this is something that you can come across, especially if you are new and don't have too many transactions.

Though now we have incorporated our company in Singapore and have got account with Stripe and soon with Worldpay or BrainTree as we need 3D Secure
 
rectified said:
I'm not new to hosting business but my current company is new, started in Jan 2015, being from India I had limited options so i opted for PayPal and 2CO. My PayPal account is again more then 10 years old was in use my other company as well, but i got 2CO account to accept credit card payments as well. I had no chargebacks or any other complains but then one day some fraud user tried to order with us with multiple cards or tried multiple times and none of the payments went through, that fraud tried like 10-15 times but being a new company these attempts reached 30% of total number of transactions per month (As i mentioned we were a new company so did not had many Credit Card Transactions, mostly Paypal, BTC etc...)

Now as i said not a single chargeback, just some fraud tried fraudulent credit cards and 2CO closed our account

So this is something that you can come across, especially if you are new and don't have too many transactions.

Though now we have incorporated our company in Singapore and have got account with Stripe and soon with Worldpay or BrainTree as we need 3D Secure
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you need security system like maxmind to stop fraudsters before they can pay invoices with stolen cards etc.
 
For the safe use i would only use PayPal. because if there is something wrong with the product/services you can easily dispute with paypal. My choice is PayPal
 
What is best depends on few things, actually. You'll need to consider your target audience, is it global? If so, PayPal is the best. It has the right goodwill that will influence your customers to feel safe. And if I am not wrong, compared to other popular payment gateways, it receives fewer complaints of scam.

In addition to this, there are some countries where PayPal isn't allowed. for those countries, you may choose another gateway that supports your country.
 
I would recommend PayPal and 2Co.
For India, PayUmoney and CCavenue works well.
I am currently using Payumony, low % on every sales.

Thank you.
 
CyberSasu said:
I would recommend PayPal and 2Co.
For India, PayUmoney and CCavenue works well.
I am currently using Payumony, low % on every sales.

Thank you.
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2co are useless as they force you to have your clients use them as if they are not used in a 4 month period then they drop your account to a sell only account and after 6 months they close your account
 
ohostme said:
We mainly use paypal as others are more expensive and can be difficult to manage.
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Who have you looked into and wrote them off due to expense and difficulty managing?

Have you taken a look at Stripe? They're really great, very easy to use and the default pricing matches that of PayPal's. Whilst with PayPal they publish lower rates with significantly higher volume, you can negotiate with Stripe once you reach a certain volume.

Good thing about Stripe, if you're US based you can also offer BitCoin out of the box so do consider them.
 
Paypal

up to £1,500 3.4% + 20p

Stripe
1.4% + 20p for European cards.
2.9% + 20p for non-European cards.

2checkout
2.4% + 30¢ per successful transaction - UK
2.9% + 30¢ per successful transaction - USA

so others are more expensive that Paypal. Too me it looks the other way Paypal is the more expensive
 
We use Paypal and now bitcoin due to client demand, both ahve their pros and cons but you have to offer what your clients want.
 
Shock Hosting said:
Bitcoin is an awesome payment method!
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Please, do enlighten us as to why. A system that isn't accepted widely, is too volatile, and really frowned upon by professionals is not really 'an awesome payment method'... Unless, of course, you enjoy losing your tail end. In that case, I've got a bridge in the middle of the desert to sell ya.
 
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